Maureen Adams - Dec 31, 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
SVP, Gaming Operations
Signature
Paula Chumbley, Attorney-In-Fact for Maureen Adams
Stock symbol
CHDN
Transactions as of
Dec 31, 2023
Transactions value $
-$91,348
Form type
4
Date filed
1/3/2024, 04:40 PM
Previous filing
Feb 17, 2023
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +1.47K +16.34% $0.00 10.5K Dec 31, 2023 Direct F1
transaction CHDN Common Stock Tax liability -$91.3K -677 -6.48% $134.93 9.77K Dec 31, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHDN Restricted Stock Units Options Exercise $0 -1.47K -18.33% $0.00 6.54K Dec 31, 2023 Common Stock 1.47K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 19, 2023, Churchill Downs Incorporated effected a 2-for-1 stock split. The number of securities reported in this Form 4 have been adjusted to reflect the stock split. The holding includes 238 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan for the period from August 1, 2022 through July 31, 2023.
F2 Based on the closing price of common stock on December 29, 2023.
F3 Restricted stock units do not have a conversion price or expiration date.
F4 Restricted stock vests over a multi-year period.